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20121229
20121229
Search Results 0 to 49 of about 66 (some duplicates have been removed)
MSNBC
Dec 28, 2012 10:00pm PST
praises for four years, set him up as the good democrat, against obama's bad democrat, and what happens, the good democrat vouches for the bad democrat and disarmed what a lot of republicans were saying about barack obama. >> you have made a reasonable argument. >> i think the enviable one was rick perry, who made the step of going full anti-out immigrant zealotry. >> it totally destroyed rick, he dispatched rick perry on the attack of the hundred thousand subsidy, which allowed the undocumented students to go to the university and pay in-state tuition. romney destroyed him. but in that rhetoric, he sealed his fate in the general election with the latinos, who he got blown out and provided a huge margin in the swing states. >> that is a good point, my point is, of course, the anonymous video operator, who captured the 47%, which is why we happen to have the tape. why it happened to be ready. now, the best move of 2012. what was the best move of 2012? >> this is really hard, because some part of me as a political junky thinks the best move is the crazy thing. and for that, i woul
WETA
Dec 28, 2012 8:30pm EST
with the top political story of the year -- the reelection of president barack obama. as "time"'s magazine cover states -- the president was person of the year -- barack obama will be the first democrat in more than 75 years to win a majority of the popular vote twice. mitt romney has to be asking himself, given the magnitude of the president's problems and the great numbers of americans who believe that the country was headed in the wrong direction, "how did i lose?" at the republican national convention, a vermont couple took the stage to describe how mitt romney helped their terminally ill 14- settle his affairs. people listening to that were in tears, but there never story -- but their story never made it to tv. instead, voters heard this. that is just a symptom of what went wrong in the campaign, and yet, as we observed here week after week, the president was vulnerable on so many levels. the economic recovery was moving at a snail's pace. there was great opposition to the affordable care act -- obamacare if you will -- he bombed in the first debate. voters saw a different fr
MSNBC
Dec 29, 2012 12:00pm PST
that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done and i've been talking to my sources today and that same optimism isn't really present right now. there's more skepticism about a deal getting done and it is still very early in this process and this is a fluid situation so it could change on a dime, but that's what's going on behind the scenes and the white house monitoring clearly, what's happening. >> what's t
FOX News
Dec 28, 2012 8:00pm PST
ultimate dream. >> the democrats are anxious, they're embracing the fiscal cliff. we have obama and democrats in the convertible thunderbird ready to put the pedal to the metal on the fiscal cliff. they can cut taxes, spending, and blame the gop. the gop is doing the smart thing and pointing the finger at the real problem, which is out-of-control spending. fixing the not going to be easy, but it's not complicated. we can't just rely on raising taxes. we have to look at cutting spending and the republicans are doing that, even more so with gite ner pointing out the -- geithner pointing out the fact, warning us on the debt ceiling. this shows us we have out of control spending and raising taxes is not going to get us out of this mess. >> alice, you realize that most americans think you need a combination of tax hikes and spending cuts. it's not just one half of the deal. this is republicans and democrats, about 70% of americans, so it's not just a one-sided deal, and the second thing to say is, you know, these guys aren't that far apart. you know, in fact, when you look at how much re
CSPAN
Dec 29, 2012 7:00am EST
victory fund went to bolt the obama campaign and it was large money to the democratic national committee. and later in the campaign to various state parties in swing states as well. and this is how in a system where an individual can only give $2,500 to a campaign election cycle, you have the price tag to $75,000 and so on because that money was divided up going into the campaigns, the national committee and the various states. host: bernie on our line for republicans. you're on the "washington journal" with brendan doherty. caller: good morning. i'm wondering whether or not someone has been proposed that starting just with, let's say the presidential position, that so one term of let's say eight years, no re-election, and as far as i'm concerned, this could be applied to the senate and the house, it would increase the terms for the house and even the senate but let's just examine the president's term and make it one term, eight years, no re-election. that would remove the money from the process. and even a challenger had to do, had to raise some money. he really -- the people
CNN
Dec 29, 2012 3:00am PST
just three days away. president obama's modestly optimistic the top democrat and republican in the senate can work things out. jessica yellin has more on what needs to happen in order to make a deal. >> alison, christy, hi. well, the good news is, things could have been worse. it does seem those of us watching the sidelines as though time is running out. congress does some of its best, at least the speediest work when the nation's back is against the wall. >> reporter: after a rare oval office meeting, the president said he's modestly optimistic a deal can come together, emphasis on modestly. >> the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> reporter: all sides left in agreement, at least over their next step. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. >> so on saturday, the senate leaders will try to agree on legislat
FOX News
Dec 29, 2012 11:00am PST
democratic governor there, martin o'mally is a lean mean barack obama. and guess what all the millionaires left maryland. and so we know this is what happened. >> he's a maxi-me barack obama. >> could say-- >> and we wants to go to the national level. i think he has his eye on 2016. okay, when we come back, from energy to education, to technology. our panel's pick for the good news story of the year. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we don't let frequent heartburn come between us and what we love. so if you're
ABC
Dec 29, 2012 6:00am PST
left before taxes go up for all americans and federal programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the bowl game is al
MSNBC
Dec 29, 2012 1:00am PST
$1.4 trillion revenue increase in total. so democrats could easily end up when all of this is said and done with more revenue than president obama was asking for a week ago. and it will happen if it happens, because over and over and over and over again, john boehner and the house republicans could not take yes for an answer. they had to say no to this president. so they kept delaying until they were weaker. they pushed negotiations from 2011 where they were very strong, until 2012, right after the president had won re-election, and now they're pushing to to 13, after the fiscal cliff hits and they get blamed. it is an odd way to negotiate. to get one republican view on what will come next year, early this evening, shortly after the president's press conference, i had the privilege to speaking to republican senator tom coburn of oklahoma. senator, thank you so much for being here tonight. >> glad to be with you, ezra. >> it so seems to me the news of the day is the big deal is dead, completely dead, and we are down to either a small down, a mini deal, or going after the cliff strai
FOX News
Dec 29, 2012 1:00pm PST
half ago. but an election happened. president obama has the first democrat in 75 years to win and said $250,000 was his bar. the elections have consequences. so that's a legitimate place to be. everybody that got elected to the house of representatives just got elected, too. and they have a no new tax pledge. you are at logger heads here. i think there is a sweet spot where nobody wants to be the person to raise the taxes that we just talked about and have a big bill come across your table in january. >> i think really the problem is spending. we've spending problem in our country. look at our debt. our debt is over $16 trillion. our government is spending way too much money. we need to cut back on spending, cut -- >> arthel: where? >> look at the entitlement programs, for example. there's a lot of waste, fraud, and abuse going on there. that is not even on the table. and so listen, we can cut our expenses in our country that is spleeningful and very important for us to do because right now, they're just kicking the can down the road and it's not going to help our economy. >> arth
FOX
Dec 29, 2012 7:00am PST
republicans suggest raising taxes for those earning at least a million, president obama and democrats want increases on anyone making more than $250,000 a year. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> in this morning's weekly address, the president says congress must meet the new year's deadline and pass a balanced plan that offers middle class tax cuts and reduces spending in a responsible manner. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one third of the annual interest that's now owed on this massive $16 trillion debt. >> missouri senator roy blunt delivered the gop weekly address, saying the president's tax hike would only fund the government for eight days. >>> if no deal is reached, giving you a look at what could happen, 1.2 million out of work americans will lose their extended unemployment benefits. california would be hit the hardest. 400,000 will lose those benefits and the bay are
LINKTV
Dec 29, 2012 2:00pm PST
resume sunday. president obama says that congress must act now to avoid economic disaster. he has been meeting with republican and democratic leaders to reach a deal to avoid tax hikes and spending cuts that take effect january 1. >> the hour-long meeting with president barack obama was the first face-to-face session together with both republican leaders of the latest fiscal crisis. obama said he was modestly optimistic about the agreement by senate leaders on a compromise bill that could be voted on by monday. that is just two days before 6 under billion dollars of automatic tax hikes and spending cuts begin to take effect -- $600 billion of automatic tax hikes and spending cuts take effect. >> we want to make sure that unemployment insurance is still available for 2 million people and lay the groundwork for additional deficit reduction and economic growth steps to take in the new year. but let's not miss this deadline. >> we are working hard to get there in the next 24 hours. i'm hopeful and optimistic. >> whenever we come up with will be imperfect. some people will not like it, some
CSPAN
Dec 29, 2012 10:30am EST
toss. do we like mr. romney, mr. obama, prefer the republicans and the democrats. for the mass of people sent the system cannot be debated because everyone agrees, then we focus elsewhere on things like whether you can have a gun in the back of your truck or whether you can approve of being marriage or a whole host of other issues whose importance on not disputing, but are issues that get us away from this thorny problem of how the economics and politics are articulated where they're is a desire of those who run the society that that simply be ruled out of order. >> the corporations that dominate what most people in this country see here, perfecting the art of propaganda and manufacturing consent well simultaneously criminalizing dissent. i want you to talk about the very origins of this which could be traced to the much revered and in my view much overrated founding fathers, the political rally. people talk about them in hushed tones. let's hear what they have to say about these kinds of issues. james madison who wrote with hamilton the federalist papers, principal writing of the
CSPAN
Dec 28, 2012 8:00pm EST
don't find a lot of democrats and liberal districts that would need a a rock obama's help anyway campaigning with the president. they use the obama apparatus in the pelosi apparatus for fundraising and that's about it. that's how many seats are necessary for democrats to regain power. there appeared to be a moment in time when particularly after kathy hochul one in upstate new york. taking chris lays siege on medicare on a platform basically and it looked like that was going to be the winning argument, simply to say the republicans will end the medicare guarantee but now they are not sufficiently potent. >> on to take the modern grader at the texas book festivals prerogatiprerogati ve. one of those freshmen elected in 2010 blake farenthold from corpus christi who is an interesting guy. if you pay attention to the congressional delegation he is more interesting and more fun to write about it more fun to cover than the others. why did you pick on him and why did you pick him to write about? >> many of you who are from texas know the word farenthold a note in a different context. hi
ABC
Dec 29, 2012 5:00am PST
. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the physical cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend lesson fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the ballpark is all decked-out for the game this afternoon against the u.s. navy he will academ
MSNBC
Dec 28, 2012 9:00pm PST
john kerry. in the 2008 democratic primary, then senators clinton and obama, they fought about it. they even ended up voting on opposite sides of the issue when it came up for a vote that summer. fisa, and whether or not we already have a government with too much power to spy on us, whether or not there should be more congressional and judicial oversight of that power, whether or not more should be done to protect people's privacy, our country's been having been fights over that tough for years now. but you know what happened today in congress? congress, despite being stalled on pretty much everything, today congress extended fisa, extended the federal government spying powers and did it quickly, like that. the republican-led house passed a bill in the fall with a little help from democrats and the senate passed it today in an overwhelming vote of 73 yeas to 23 nays. president obama is expected to sign it. if you are a civil liberties guy, there was good news and bad news in this debate. the good news is that there were a bunch of privacy amendments, including one from democratic senato
CNN
Dec 29, 2012 7:00am PST
nomination, bane capital was savaged by democratic superpacs and the obama campaign. >> like a vampire. sucking the life out of us. >> reporter: the attack ads put romney on defense for months. >> there's nothing wrong with being associated with bane capital for months. >> reporter: the president also got a lift from the supreme court which at number eight upheld his embattled health care law, so romney vowed to strike it down himself. >> i'm that one that's going to get rid of obama care. >> reporter: number seven, gas. >> governor romney, do you feel your gaffes have overshadowed your trip? >> reporter: his missteps often dominated the news cycle. >> the private sector is doing fine. >> reporter: or in romney's campaign, his entire foreign trip. ub at six, the conventions were remembered less for the nominees and their running mamts and more for -- >> what do you want me to tell romney? i can't tell him to do that to himself. >> reporter: the warm-up act that stole the show. >> we believe that we're all in this together is a far better philosophy than you're on your own. >> reporter:
NBC
Dec 29, 2012 6:00am EST
optimism that democrats and republicans could come to a deal before december 31st. president obama met with house and senate leaders yesterday. lawmakers are hoping for a deal to help avoid tax increases for everyone as well as massive spending cuts in defense and other areas. if a deal can be reached, the senate would vote on it first and then it would head to the house. the latest the house would vote on a possible deal is january 2nd. the final full day before a new congress takes office. the house is set to return to work tomorrow night, however. speaker john boehner told fellow representatives there would be a session at 6:30 tomorrow night. he said he hopes to have a senate bill in his hand by then that they can vote on. and be sure to tune in tomorrow morning for "meet the press." david gregory will sit down with an exclusive interview with president obama. you can see "meet the press" here on nbc 4. the show starts at 10:30. >>> new this morning, many same-sex couples in the state of maine can now say they're married. that state began allowing same-sex marriages at 12:01 th
CW
Dec 28, 2012 9:00pm CST
president barack obama at the white house this afternoon where they heard that if two sides do not agree on a bill the president will urge the democratic senate to put forth a measure anyway. american people will not have any patients for a politically self-inflicted wound to the economy. the economy is growing but sustaining that trend is gong to require a elected officials to do their jobs. mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don't strike a deal before the deadline. social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul li
NBC
Dec 28, 2012 7:00pm EST
patience has worn out. after an hour-long closed-door meeting with the president, both the democratic and republican congressional leaders left the white house without saying a word. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote. earlier in the day, repub
FOX News
Dec 29, 2012 3:00pm PST
democrats in the right direction with respect to tax. president obama has shown no leadership on this. what they really need to do is minimize the damage from what president obama is trying to push for the higher tax cuts because they're going to need public opinion on their side in the new year to really make entitlement reform because at the end of the day, we're ohm talk being tax. we know $16 trillion in debt. the real problem right now is entitlement spending because at 62 to 65% of the federal budget. we've got this problem ballooning by the hour w. got to do something about it. right now i think house republicans are going to have to take it on the chin and get the deal because we need public opinion on our side. >> heather: alexis, will they get it done? >> i hope so. i think the lack of leadership has been on the house side. speaker boehner couldn't even get his own bill passed. so he's been fumbling the ball. i think what the president is doing with the up or down vote is trying to bring oversight to the american people in the spirit of the holidays, he's trying to let
PBS
Dec 29, 2012 12:00am PST
deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began, several participants were seen leaving. >> and back at the capital the senate's democratic majority leader harry reid and republican m
FOX Business
Dec 29, 2012 4:00am EST
year that i felt strongly at the beginning of the campaign. the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the middle class sure enough, president obama shifted to a middle-class message that resonated, if only at the margin that was sufficient for victory. are the republicans learned anything here? are they going to start talking about working men and women? working class and the american dream. >> i think they are. i think the presidential race was a real problem. because it was never growth. it was always about this and that and detail. romney wasn't the issue. the issue was obama. it was the worst single recovery in the u.s. that is the issue. i think and i hope the republicans take that agenda, and i know that -- let me jus tell you personally, i know a lot of democrats who would like to get in that agenda as well. they want to lower rates, broaden the tax base. there are a lot of democrats want to do it as well. if we can get the agenda in there, we are in for a great couple of years. 2015 and
CSPAN
Dec 29, 2012 9:00am EST
? >> no. let's see. glen beck, but he is not recently taken on exactly president obama. sort of interesting. this is generally true, whoever's in power in the white house, the opposite political slant does better. liberal democrat in the white house, when there's a conservative in the white house, president bush, critical of the president and do better. it was being questioned about jobs or something and he said look what i'm doing for the book industry because there were so many books out, critical of him, the middle of his second term. >> the irony with former president bush, when decision points came several years ago, if it wasn't the best-selling nonfiction book it was awfully close. >> that theory that people vote at the bookstore in smaller numbers, you show your alliance by going out and buying the book that agrees with your political position. these -- agree with the others. >> another book came out in 2012, james man's "the obamaias," the struggle in the white house to redefine american power, the obama white house, and "the new new deal," the hidden story of change in
FOX News
Dec 28, 2012 6:00pm PST
budgets since i have been here. they both include some proposal to save medicare. the democrats have not done that and this is really where we start turning the messaging on them and start demanding. i think the american people have a right to know, president obama are you going so solve the 92% or 93% of the deficit. what is it that you talked about on the campaign trail? >> sean: how can you help me he out or help the american people out. they don't know what taxes will be in a couple of days and now we are counting the hours. how is it possible the u.s. senate does not pass a spending bill which constitutionally they are supposed to pass in over three years, over 13 hyundais and then elect the house republicans that did their job? how do we get to that point in it this argument? seems a little strange. >> it is incredible. it is an absolute obligation. it would be a common sense obligation on the part of congress to have a budget even if it weren't required by law but it is required by law and yet the senate democrats have still refused to produce a budget. that is a big part of t
CNN
Dec 28, 2012 6:00pm PST
continuation of those. that would be sort of the plan b for democrats simply because what they would rather do is get a bill with senator reid working in conjunction with senator mcconnell. senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so
WETA
Dec 28, 2012 8:00pm EST
didn't want to make that mistake either because that can happen. because even if obama has changed as a result of this, it's not clear that a lot else has changed or that anyone else has. you know, the congress is still in partial or effective republican control and the democrats aren't embracing it. >> has he given up on being a unifyier? does he still believe it is possible to bring the two sides of the aisle together? >> i think he does. and i think he's increasingly more pragmatic sounding than the bulk of his party. we've seen him try to make concessions that his party will not accept. there have been times where he wanted to do things that people in his party would not let him do. on the brighter side of changing washington, that is kind of the mandate that everyone as skibed to him. he actually talked about it when he ran. it is almost an impossible thing to pull off and jet it's what ever voter wants most. >> i wonder if the imperatives to unify and swing big can be in conflict with one another. i wonder if in some ways the very republican problems that karen was talking about f
CSPAN
Dec 28, 2012 11:00pm EST
. they're both problematic and you don't find democrats that would be barack obama's hope anyway campaigning with the president. do you see obama apparatus and policy apparatus for fund raising. that's about it. a so-called dry to 25, that so many seats are necessary for democrats to flip in regain power. there appeared to be a moment in time, particularly after kathy hope 01 in upstate new york on taking chris lee seed, meant to scare platform and at the site that is going to be the winning argument, just simply to say republicans when they guaranteed but now it's not efficiently coated to get them to maturity. >> cogitate the moderator at the texas book festival's prerogative to talk about some of those freshmen alike did come in weaker old from corpus christi was a very interesting guy to pay attention attention to congressional delegation come he's more interesting and more fun to write about and to cover than the others. why did you pick on him? why did she pick him to write about them as you talk about into this group? the enactment of you who are texans know it in a differ
FOX Business
Dec 29, 2012 2:00am EST
quick recap of our top story tonight, president obama speaking just moments ag. in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optimistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the predent said just a short time ago. >> we are going to construct a discussion with senate and house leadership of how to prevent this tax hike on the middle class. i am optimistic that we may still be able to reach an agreement that can pass both houses in time. senator reid and senator mcconnell are working on such an agreement as we speak we want congress taking up that issue now. in the meantime, the war on tracking, lisa jackson announced her plan to quit january 31. leading to questions as to who obama will choose to replace her. taking a more realistic approach. let ask john hiatt meister. >> with us tonight we go to john hiatt meister. we want to focus on tracking. do you think a new epa c
FOX News
Dec 28, 2012 7:00pm PST
from senator reid on the democratic side to speaker boehner for the republicans obviously they didn't go to the cameras after the this meeting here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins us. you said it is a total dereliction of duty at every level. >> we still haven't even behe gun to deal with the issues causing the fiscal insolvent say we are facing and that is the entitlements. nothing has been discussed. it is not on o the table. we are not going to deal with it this year. it will be the issue we deal with running into the debt ceiling around mid march to the economy will continue to have a pail over it because we have not dealt with the issue that our nati
CNN
Dec 29, 2012 5:00am PST
at the time, he knew there was a good chunk of centrist democrats who would switch over and vote with the president. so finding that middle, you know, if i were president obama i would be up on the hill. that's what president reagan would do. go up and meet the swing states, go to their afrsoffices, ask fo their vets. susan collins, mark warner on the democratic side. those are the folks that will provide the centrist core that we need to have a governing coalition in this country so we can move forward. >> let's talk about how consumers will be affect the here. the federal reserve is currently keeping rates at historic lows trying to encourage boroughing's if we go over the cliff, right now banks are hardly lending as much it's a they really should be. what epps can lse can be done t banks to loan, especially if we do go over the cliff? >> you make deposits, make loans. into a certain economy, at low rates, that's a challenges thing. it does make you risk. i think you know -- i actually think letting rates bump up a little bit. let the market determine, and i think the market would p
MSNBC
Dec 29, 2012 9:00am PST
it's a big deal or a small deal, president obama will he have something to sign in time? moments ago i spoke with democratic congressman elijah cummings. listen to what he had to say about the standstill. >> there is a sense of urgency. the problem is that we've got a group of tea party folk over in the house who basically has pretty much dictated what mr. boehner can agree to. boehner, who's a good guy who wants to make a deal, he really wants to make a deal, but he can't. >> all right. head to capitol hill. there's mike viqueira standing by for us. you know something else that representative cummings said. i just said you're standing by. it seems like even when they come back to d.c. they're going to be standing by. they don't seem to have much to do in the house right now. >> reporter: that's absolutely right. don't have anything to do in the house. for now they don't have anything to do in the senate, t.j. that's the thing. harry reid, mitch mcconnell, the two democratic and republican leaders respectively in the senate got back from that big white house pow wow yesterday behind
FOX News
Dec 29, 2012 1:00am PST
the press doesn't pay attention to, greg. i think if obama to start a second term with everybody saying oh my gosh the ski is falling and the economy is going to hell. consumer confidence thinking that's nod goodous for democrats. how why think it's good news for democrats? >> you just sounded like a republican. >> stop, get out of here. the fiscal cliff is defense cuts and high taxes welcome to the republican party. >> rational people say that's not a good thing to do. i would hope that robert and sober behavior before new year's eve would land like an alien rocketship in washington and get these people to the table. >> greg: alice, you are sane, i believe. what do you make of this? the point i'm trying to make is why are the democrats scared of the fiscal cliff when it defines basically their ultimate dream? the democrats are anxious. they are embracing the fiscal cliff. we got obamaened a democrats in the conservative thunder bird ready to put the pedal to the metal on the fiscal cliff. they can raise taxes. they can cut military spending and they can blame the g.o.p. when the
CSPAN
Dec 28, 2012 8:00pm EST
deadline, and you figure enough democrats and republicans come together to send it across to the white house. >> stephen dennis, thank you so much for your time. >> absolutely. >> here are president obama's remarks from the white house earlier today. afterwards, we will hear from senators reid and mcconnell from the senate floor. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> good afternoon, everybody. for the past couple of months, i have been working with leaders of both parties to try to forge an agreement that would grow our economy and shrink the deficit, a balanced plan that would cut spending in a responsible way but also ask wealthy americans to pay more and protect our middle-class and everyone striving to get into the middle class. i want to get this done. it is the right thing to do for our families, businesses, and our economy, but the hour for immediate action is here. it is now. we are at the point where in four days every american's tax rates are scheduled to go up by law. every americans' paychecks wil
FOX News
Dec 28, 2012 11:00pm PST
obama cliff and i think we should swan dive off of it because it's the only way democrats will cut spending because they are forced into it. if nothing happens, if a deal isn't struck over the next couple of months, people's paychecks will get smaller because payroll taxes will have expired. peopleville to pay in because the alternative minimum tax won't be patched. taxes will go up. spending cuts over time will happen as well. the stock market, i think the stock market will be hit hard. but again, here i am saying, let's do this. i have the most to lose of anyone i know. it's the only way to fix the economy. it's the best thing for the economy. >> okay. take us through what each side is wanting. >> here's what the deal is. president obama wants tax cuts to expire for everyone except those making $250,000 a year. john boehner's plan "b" was anyone making under $1 million a year. neither seemed to work. it looked like president obottomma was coming back with the same deal, $250. they are miles apart. they are miles apart. >> there is a big divide. andrea, you were able to speak with
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